NOT LISTED FOR SALE

151 W Airy St Norristown, PA 19401

Estimated Value: $250,806 - $282,000

3 Beds
3 Baths
2,448 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $155,000 $63 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,733/month

8 Days on Market

Highlights

  • Ceiling Fan
  • 3-minute walk to Main Street (Norristown)
  • Wall to Wall Carpet
  • Baseboard Heating

About This Home

As of April 2019

Turnkey operation! Fantastic triplex in a great central location in the heart of Norristown. Extremely well maintained by owner for the past 31 years. All three units are clean and ready to go. Recently updated with new flooring, paint and countertops. Electric, gas, and water heaters have already been separated and paid for by tenants. 1st and 2nd floor units are 1 bed/ 1 bath, 3rd floor is a spacious efficiency with 1 bath. Along with on street parking, there is a 3 car parking pad in rear of building. Walking distance to the courthouse and commercial district of Norristown. Convenient to Conshohocken, King of Prussia and the transportation center. This is a perfect opportunity to add to your portfolio or someone looking to live in one and rent the others! Make an appointment today!

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 01/18/2019

Real of Pennsylvania

Co-Listed By

Nate Boykin

EXP Realty LLC License #RS339434

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1890

Lot Details

  • 1,800 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 2,448 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 13-00-01172-003

Community Details

Building Details

  • Insurance Expense $800
  • Water Sewer Expense $600
  • Gross Income $25,200
  • Net Operating Income $20,025

Additional Features

  • 3 Units
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,775

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 68060.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Square Footage: 2448

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 800
  • Water Sewer: 600

Lot Info

  • Acres: 0.041
  • Lot Sq Ft: 1800
  • Zoning Code: TR

Tax Info

  • Assessor Parcel Number: 13-00-01172-003
  • County Taxes: 235.00
  • Municipal Taxes: 1000.00
  • Total Taxes: 3775.00

Multi Family

  • School Taxes: 2539.00
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Alejandro Olivia
Bought by
Alejandro Living Trust
Current Estimated Value
$264,202

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 30, 2019
Sold by
Rosenberger Dennis
Bought by
Alejandro Olivia
Seller's Agent
Jonathan Campbell
Real of Pennsylvania
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$152,167
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1988
Bought by
Rosenberger Dennis
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alejandro Living Trust $144,967 None Available
Alejandro Olivia $155,000 None Available
Rosenberger Dennis $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alejandro Olivia $152,167
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $155,000 -13.9% $63 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $180,000 -- $74 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,178 $68,060 $24,040 $44,020
2024 $4,178 $68,060 $24,040 $44,020
2023 $4,140 $68,060 $24,040 $44,020
2022 $4,051 $68,060 $24,040 $44,020
2021 $4,031 $68,060 $24,040 $44,020
2020 $3,845 $68,060 $24,040 $44,020
2019 $3,775 $68,060 $24,040 $44,020
2018 $2,513 $68,060 $24,040 $44,020
2017 $3,467 $68,060 $24,040 $44,020
2016 $3,440 $68,060 $24,040 $44,020
2015 $3,296 $68,060 $24,040 $44,020
2014 $3,296 $68,060 $24,040 $44,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 599369

Greater Lehigh Valley REALTORS®

APN: 13-00-01172-003